IMF: Macedonian economy to rise by two percent in 2012, 3.2 in 2013

Skopje, 18 April 2012 (MIA) - The International Monetary Fund (IMF) has projected in its latest report that Macedonia's economy will rise by two percent in 2012 and 3.2 percent in 2013. According to the international financial institution, inflation will amount to two percent in both years.

In its projection for the countries of former Yugoslavia, IMF says GDP growth will amount to 0.5 percent in 2012, one percent in 2013, whereas inflation rates will range between 2.2 and 2.4 percent.

Pertaining to regional countries, IMF projects the 2012 Serbian GDP will rise by 0.5 percent, Bosnia&Herzegovina's will stagnate, whereas Croatia's economy will shrink by 0.5 percent. A one-percent drop is also projected for Slovenia, the only EU member from the former Yugoslavia states.

In 2013, the IMF says Serbia's GDP is to rise by 3 percent, Montenegro - 1.5 percent, Slovenia - 1.4 percent, Croatia and Bosnia&Herzegovina - 1 percent each.



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